SAP (ETR:SAP) Shares Pass Above Two Hundred Day Moving Average – Time to Sell?

Shares of SAP SE (ETR:SAP) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of €233.19 ($256.25) and traded as high as €242.95 ($266.98). SAP shares last traded at €242.60 ($266.59), with a volume of 1,755,926 shares.

SAP Stock Performance

The business has a 50 day moving average of €261.91 and a two-hundred day moving average of €233.53. The firm has a market cap of $284.57 billion, a P/E ratio of 92.30, a PEG ratio of 2.73 and a beta of 0.92. The company has a current ratio of 1.12, a quick ratio of 0.92 and a debt-to-equity ratio of 25.19.

About SAP

SAP SE, together with its subsidiaries, provides applications, technology, and services worldwide. It offers SAP S/4HANA that provides software capabilities for finance, risk and project management, procurement, manufacturing, supply chain and asset management, and research and development; SAP SuccessFactors solutions for human resources, including HR and payroll, talent and employee experience management, and people and workforce analytics; and spend management solutions that covers direct and indirect spend, travel and expense, and external workforce management.